Hitachi Energy to invest $1.5bn by 2027 to expand global transformer manufacturing, creating 4,000 jobs and supporting electrification efforts.

Hitachi Energy plans to invest $1.5bn to expand its global transformer manufacturing capacity by 2027, supporting growing demand and electrification efforts. This investment comes in addition to the $3bn already committed to the electrification of the energy system, driven by the energy transition. The expansion will create over 4,000 jobs and bolster the company's existing global footprint.